Craig Of Campbeltown Limited

Craig Of Campbeltown Limited, based in Campbeltown, UK, is a holding company with a long history, having been established 66 years ago in April 1959. The company, currently active, employs a substantial workforce of 466 people and holds assets valued at £10,016,093. It operates from a real address in Campbeltown, Argyll, and is overseen by three directors and two owners. The company is irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on January 01, 2024.

Craig Of Campbeltown Limited is a parent company to a diverse range of transport businesses, including The Majestic Line (scotland) Limited, Borders Buses Ltd, Oban & District Buses Limited, Fairline Coaches Limited, and Glasgow Citybus Limited. These subsidiaries operate in various segments of the passenger transport industry, from local bus services to express coach services and private hire. The company’s website highlights its commitment to providing transport solutions across West and Central Scotland, as well as Scottish and English Borders.

Financially, the company’s performance presents a mixed picture. While the company’s net assets increased by 31% to £18,000,000, the company’s cash bank on hand increased by 11% to £6,800,000, the company’s net loss deepened to £210,000. Bank borrowings decreased by 11% to £6,200,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s strategy appears to be focused on maintaining a diverse portfolio of transport businesses, while also exploring opportunities in related sectors. The company’s long history and established brand name provide a solid foundation for future growth, but the company’s financial performance will need to improve in order to sustain its operations.

Registered in Scotland under the registration number SC033868, with a registered address at PA28 6DN, Scotland, Campbeltown, Argyll, Benmhor, Saddell Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.